New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    For setting up a New Umbrella Entity (NUE) how much

    minimum capital is required?
    A Rs 500 crore Correct Answer Incorrect Answer
    B Rs 700 crore Correct Answer Incorrect Answer
    C Rs 400 crore Correct Answer Incorrect Answer
    D Rs 600 crore Correct Answer Incorrect Answer
    E Rs 800 crore Correct Answer Incorrect Answer

    Solution

    The umbrella entity shall have a minimum paid-up capital of Rs. 500 crore.

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